EDC Weekly Report 18 Nov 2017

Weekly Price Trend: 13-11-2017 to 17-11-2017

• The above graph focuses on the weekly price trend of EDC for the current week.
• As per the above graph, it has been inferred that this week the prices of EDC have remained firm in compare to previous week and at the end of this week prices were assessed at the level of Rs 15/kg.

Booking Scenario

INDIA & INTERNATIONAL

• This week in the domestic market, prices of EDC have remained firm in compare to previous week and were assessed at Rs 15/kg.
• In international market, prices of EDC have remained firm in compare to earlier week.
• EDC demand sentiments have remained soft no deals and discussion has been heard.
• For feedstock ethylene bullish buying sentiments have heard.
• FOB Korea prices of feedstock ethylene USD 1250/MT
• CFR China prices of feedstock ethylene USD 1295/MT
• CFR South East Asia prices of feedstock ethylene USD 1165/MT.

 $1 = Rs. 67.63
 Import Custom Ex. Rate USD/ INR: 66.20
 Export Custom Ex. Rate USD/ INR: 64.50